The first electronic stock market is known as

An economy that maximizes its scarce resources and can deliver the right goods in the right quantity to the right people at the

AlekseyPX

Answer: Efficiency.

Explanation:

An economy is said to be efficient if the economy is able to make the best use of the available resources found in that economy, in meeting the needs of consumers within the economy and even exporting to consumers found in other economies.

7 0

3 years ago

Precilla Company uses a standard costing system that allows 2 pounds of direct materials for one finished unit of product. Durin

fenix001 [56]

Answer:

actual quantity= 25,000 pounds

Explanation:

Giving the following information:

Standard quantity= 2 pounds per units

Production= 12,000 units

Direct material quantity variance= $5,000 unfavorable

Standard price= 120,000/(2*12,000)= $5

<u>To calculate the actual quantity used in production, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

-5,000 = (24,000 - actual quantity)*5

-5,000 = 120,000 - 5actual quantity

125,000/5 = actual quantity

25,000 = actual quantity

6 0

3 years ago

What economic challenge did the newly formed American federal government face? Which act created nationally chartered banks and

Nadya [2.5K]

Answer:

Inflation;National Banking Act ;Panic of 1907

Explanation:

What economic challenge did the newly formed American federal government face? Inflation

Which act created nationally chartered banks and circulated notes backed by the federal government? National Banking Act was pass during the Civil War, it was created so as to provide for nationally chartered banks, whose circulating notes had to be backed by U.S. government

What economic event led to the creation of the Federal Reserve? Panic of 1907 resulted in the creation of Federal Reserve by the Congress due the wreaked havoc on the fragile banking system at that time

8 0

3 years ago

Read 2 more answers

Gene is looking for a loan so that he can buy a car. There are a few different banks where he can apply for a loan. What should

ElenaW [278]

Answer:

The Answer To This Question is B. a good credit score.

Explanation:

8 0

2 years ago

us suppose that you open a savings account at the campus credit union. Into this savings account, you place $100 in savings. The

BartSMP [9]

Answer:

the future value in two years is $110.25

Explanation:

The computation of the future value in two years is shown below:

As we know that

Future value = Present value × (1 + rate of interest)^number of years

= $100 × (1 + .05)^2

= $100 × (1.1025)

= $110.25

Hence, the future value in two years is $110.25

The same should be considered and relevant

5 0

2 years ago